The strong demand for nitrogen based fertilisers and increased fertiliser prices helped QAFCO achieve excellent
profit figures of QAR 3.4 billion in the year 2011.
In the year under review, QAFCO achieved a net profit of 3.4 Billion Qatari Riyals. This is the second highest profit figure inQAFCO’s history after the exceptional year of 2008. This was largely due to higher selling price of fertiliser in the year 2011. Strong global demand, particularly in India, China’s high export tariffs, and higher gas prices positively affected fertiliser prices worldwide.
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